Bristol Myers (Brazil) Price on December 19, 2024
| BMYB34 Stock | BRL 355.25 12.45 3.63% |
If you're considering investing in Bristol Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bristol Myers stands at 355.25, as last reported on the 25th of December, with the highest price reaching 355.60 and the lowest price hitting 354.00 during the day. Bristol Myers appears to be very steady, given 3 months investment horizon. Bristol Myers Squibb secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bristol Myers Squibb, which you can use to evaluate the volatility of the firm. Please makes use of Bristol Myers' Mean Deviation of 1.4, downside deviation of 2.65, and Risk Adjusted Performance of 0.1576 to double-check if our risk estimates are consistent with your expectations.
Bristol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bristol |
Sharpe Ratio = 0.1972
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BMYB34 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bristol Myers is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bristol Myers by adding it to a well-diversified portfolio.
Bristol Myers Valuation on December 19, 2024
It is possible to determine the worth of Bristol Myers on a given historical date. On December 19, 2024 Bristol was worth 349.31 at the beginning of the trading date compared to the closed value of 346.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bristol Myers stock. Still, in general, we apply an absolute valuation method to find Bristol Myers' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bristol Myers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bristol Myers' related companies.
| Open | High | Low | Close | Volume | |
| 360.90 | 360.90 | 360.90 | 360.90 | 90.00 | |
12/19/2024 | 349.31 | 349.31 | 346.21 | 346.21 | 11.00 |
| 342.80 | 342.80 | 342.80 | 342.80 | 1.00 |
| Backtest Bristol Myers | | | Bristol Myers History | | | Bristol Myers Valuation | Previous | Next |
Bristol Myers Trading Date Momentum on December 19, 2024
| On December 20 2024 Bristol Myers Squibb was traded for 342.80 at the closing time. The highest price during the trading period was 342.80 and the lowest recorded bid was listed for 342.80 . There was no trading activity during the period 1.0. Lack of trading volume on December 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.98% . The overall trading delta to the current price is 2.25% . |
Bristol Myers Squibb Fundamentals Correlations and Trends
By evaluating Bristol Myers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bristol Myers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bristol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bristol Myers Stock history
Bristol Myers investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bristol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bristol Myers Squibb will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bristol Myers stock prices may prove useful in developing a viable investing in Bristol Myers
Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. Bristol-Myers Squibb Company was founded in 1887 and is headquartered in New York, New York. BRISTOLMYERSDRN operates under Drug Manufacturers - Major classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 23300 people.
Bristol Myers Stock Technical Analysis
Bristol Myers technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Bristol Myers Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Bristol Myers Squibb cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bristol Myers December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Bristol Myers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bristol Myers shares will generate the highest return on investment. By undertsting and applying Bristol Myers stock market strength indicators, traders can identify Bristol Myers Squibb entry and exit signals to maximize returns
Bristol Myers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bristol Myers' price direction in advance. Along with the technical and fundamental analysis of Bristol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bristol to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1576 | |||
| Jensen Alpha | 0.4284 | |||
| Total Risk Alpha | 0.3216 | |||
| Sortino Ratio | 0.1454 | |||
| Treynor Ratio | (1.88) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bristol Stock analysis
When running Bristol Myers' price analysis, check to measure Bristol Myers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bristol Myers is operating at the current time. Most of Bristol Myers' value examination focuses on studying past and present price action to predict the probability of Bristol Myers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol Myers' price. Additionally, you may evaluate how the addition of Bristol Myers to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets |